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A reply to “Quality standards, industry structure, and welfare in a global economy”

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  • Carl Gaigné
  • Bruno Larue

Abstract

Dao‐Zhi Zeng's comment identifies an important and potentially confusing ambiguity in Gaigné and Larue on the impact of quality regulations on welfare. In this reply, we clarify the effects of minimum quality standards on welfare under market imperfections and international trade.

Suggested Citation

  • Carl Gaigné & Bruno Larue, 2026. "A reply to “Quality standards, industry structure, and welfare in a global economy”," American Journal of Agricultural Economics, John Wiley & Sons, vol. 108(3), pages 984-994, May.
    • Handle: RePEc:wly:ajagec:v:108:y:2026:i:3:p:984-994
    DOI: 10.1111/ajae.70001
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    References listed on IDEAS

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    1. Anne‐Célia Disdier & Carl Gaigné & Cristina Herghelegiu, 2023. "Do standards improve the quality of traded products?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(4), pages 1238-1290, November.
    2. Demidova, Svetlana & Rodríguez-Clare, Andrés, 2013. "The simple analytics of the Melitz model in a small economy," Journal of International Economics, Elsevier, vol. 90(2), pages 266-272.
    3. Carl Gaigné & Bruno Larue, 2016. "Public quality standards and the food industry’s structure in a global economy," Review of Agricultural, Food and Environmental Studies, Springer, vol. 97(2), pages 141-148, September.
    4. Carl Gaigné & Bruno Larue, 2016. "Quality Standards, Industry Structure, and Welfare in a Global Economy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 98(5), pages 1432-1449.
    5. Macedoni, Luca & Weinberger, Ariel, 2022. "Quality heterogeneity and misallocation: The welfare benefits of raising your standards," Journal of International Economics, Elsevier, vol. 134(C).
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